In the last trading session, 1.17 million shares of the Renovaro Inc (NASDAQ:RENB) were traded, and its beta was 0.54. Most recently the company’s share price was $0.31, and it changed around $0.01 or 3.10% from the last close, which brings the market valuation of the company to $52.61M. RENB currently trades at a discount to its 52-week high of $2.10, offering almost -577.42% off that amount. The share price’s 52-week low was $0.27, which indicates that the current value has risen by an impressive 12.9% since then. We note from Renovaro Inc’s average daily trading volume that its 10-day average is 2.21 million shares, with the 3-month average coming to 3.52 million.
Renovaro Inc (NASDAQ:RENB) trade information
Instantly RENB has showed a green trend with a performance of 3.10% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.3124 on recent trading dayincreased the stock’s daily price by 0.77%. The company’s shares are currently down -80.65% year-to-date, but still up 5.82% over the last five days. On the other hand, Renovaro Inc (NASDAQ:RENB) is -2.27% down in the 30-day period. We can see from the shorts that 5.0 million shares have been sold at a short interest cover period of 0.7 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -13.58%.
RENB Dividends
Renovaro Inc’s next quarterly earnings report is expected to be released in August.
Renovaro Inc (NASDAQ:RENB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 47.27% of Renovaro Inc shares, and 12.85% of them are in the hands of institutional investors. The stock currently has a share float of 24.36%. Renovaro Inc stock is held by 88.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 5.864% of the shares, which is about 5.64 million shares worth $9.88 million.
BLACKROCK INC., with 3.7995% or 3.66 million shares worth $6.4 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
